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Marchex Announces First Quarter 2021 Results SEATTLE - May 13 , 2021-- Marchex , Inc. ( NASDAQ : MCHX ) , a leading conversational analytics and solutions company that connects the voice of the customer to your business , today announced its financial results for the first quarter ended March 31 , 2021 . Q1 2021 Financial Highlights1 Exhibit 99.1 GAAP revenue was $ 13.0 million for the first quarter of 2021 , compared to $ 12.0 million for the first quarter of 2020 . Net loss from continuing operations was $ 5.3 million for the first quarter of 2021 or $ 0.12 per diluted share , compared to a net loss of $ 25.5 million or $ 0.54 per diluted share for the first quarter of 2020 . GAAP Revenue Non - GAAP Results2 : Adjusted EBITDA from continuing operations Q1 2020 $ 12.0 million ( $ 4.3 ) million Q1 2021 $ 13.0 million ( $ 3.0 ) million Adjusted non - GAAP income ( loss ) per share2 from continuing operations for the first quarter of 2021 was ( $ 0.08 ) , compared to ( $ 0.07 ) for the first quarter of 2020 . 1 The Company sold its interest in the Local Leads Platform , Call Marketplace and other assets not related to core conversational analytics and sales engagement solutions in October 2020. As a result , the financial results of these dispositions are presented as discontinued operations net of tax in our condensed consolidated statements of operations in accordance with GAAP , and are excluded from revenue and all other results unless otherwise noted . 2 Reconciliations of non - GAAP measures are included in the financial tables attached to this press release and we encourage investors to examine the reconciling adjustments between the GAAP and non - GAAP measures . First Quarter and Recent Highlights Following the company's divestiture of its call marketplace business in the fourth quarter , Marchex is moving aggressively in 2021 to accelerate its conversation analytics and sales engagement product pipeline and related sales efforts . Specifically , the company is launching new Al - driven products that solve an expanding array of industry specific use cases in verticals such as Auto , while expanding its people resources in key areas such as texting that it believes will support its growth opportunities and efforts . Strategic Priorities and Growth Initiatives Marchex's focus on accelerating growth in 2021 is anticipated to be driven by : New customer traction and existing customer expansion . In the first quarter of 2021 , Marchex signed or onboarded more new customers across multiple product lines and verticals and had more upsells to existing customers than in any quarter during the prior year . Expansion of market opportunities : With the recent launch of Marchex Engage for Automotive , Marchex can now offer thousands of auto dealers advanced dealer - specific conversation analytics and sales engagement capabilities , opening up a new important channel for growth .